Trusteer Mobile Secures Smartphones and Tablets Against Banking Fraud

BALTIMORE, Apr 30, 2012 (BUSINESS WIRE) —
Trusteer, the leading provider of
endpoint cybercrime
prevention solutions, today announced a new version of the Trusteer
Mobile service which prevents mobile and online
banking fraud. Trusteer Mobile detects mobile malware
infection and helps bank customers fix security vulnerabilities on their
devices. End users can also turn off access to their online bank
accounts from anywhere using their mobile devices and safely access the
bank web site via a secure mobile browser. Financial institutions can
authorize online banking transactions using Trusteer Mobile Out-of-band
Authentication for Android and iOS devices.

Trusteer
Mobile supports iPhone, iPad, and Android devices, and will be on
display at Payments 2012 booth 250.

According to Goode
Intelligence’s Third mSecurity Survey, 24 percent of organizations
reported evidence of mobile
malware within their business in 2011; up from just nine percent in
2010. The report also found that only 18 percent of organizations are
protecting mobile devices with anti-mobile
malware solutions.

360 Degree Protection for Mobile and Online Banking

Trusteer Mobile provides the following capabilities to protect mobile
access devices against malware designed to commit financial fraud:

Secure Mobile Browser — can be accessed after the device analysis
is completed and blocks Man-in-the–Middle (i.e. Pharming) attacks by
validating that online banking IP addresses and SSL certificates are
genuine. It can be used to safely access the online banking web site or
any other site. Banks can limit mobile access to their online banking
application to devices that are using the secure mobile browser.

Self-Service Account Lockdown — allows users to disable account
access when they are not banking online to prevent criminals from using
stolen credentials to submit fraudulent transactions. Account lockdown
is triggered through a simple “On/Off” switch or can be configured to
activate shortly after online banking sessions are terminated.

Endpoint Security Dashboard — provides end users with real time
notification of malware infections and device risks, as well as
step-by-step instructions to remove malware and resolve security flaws.

“As we have seen on PCs and Macs, without reliable endpoint malware
protection virtually all strong security controls can be circumvented,”
said Amit Klein, CTO of Trusteer.

Trusteer Mobile will be available from Trusteer and its business
partners on a worldwide basis at the end of Q2 2012.

About Trusteer

Boston-based Trusteer is the leading provider of endpoint cybercrime
prevention solutions that protect organizations against financial fraud
and data breaches. Hundreds of organizations and millions of end users
rely on Trusteer to protect their computers and mobile devices from
online threats that are invisible to legacy security solutions.
Trusteer’s Cybercrime Prevention Architecture combines multi-layer
security software with real-time threat intelligence to achieve
sustainable protection against malware and phishing attacks and meet
regulatory compliance requirements. Global organizations such as HSBC,
Santander, The Royal Bank of Scotland, SunTrust and Fifth Third use
Trusteer’s solutions and leading online banking providers such as First
Data, Harland Financial Solutions, Intuit and S1 integrate with Trusteer
to provide world-class protection for financial institutions of all
sizes.
www.trusteer.com .